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Gloss starts to fade on Australia’s LNG boom

Low oil prices have slashed the projected revenues from Australia’s new LNG projects, increasing the likelihood of industry collaboration or even consolidation.

Contractors disembark at Curtis Island, location of Origin’s Australia Pacific LNG project. (APLNG) Contractors disembark at Curtis Island, location of Origin’s Australia Pacific LNG project. (APLNG)

Low oil prices have slashed the projected revenues from Australia’s new LNG projects, increasing the likelihood of industry collaboration or even consolidation.